Volume Price Spread Analysis for Metastock: Downtrend

Disclaimers: - No communication should be considered as financial or trading advice. - All information in this lecture/course/seminar are intended and solely for educational purpose only. - They do not constitute investment advice in any manner whatsoever or have any regard to the specific investment objectives, financial situation or individual needs of any particular persons receiving them. - Examples are used for illustrative purposes only and do not constitute investment advice.

Showing posts with label Downtrend. Show all posts

Monday, January 24, 2011

Powerful Scanner picked up CapitalMallAsia For SHORT SELL on 24th Jan

Good Day Trader

My scanner picked up CapitalMallAsia for short sell candidate. Two expert indicators appeared concurrently
denoting bearishness in the stock.

Further analysis showed that there is potential for the price to go lower towards the targeted level as
marked on the chart. Here we are dealing with probability and no certainty, therefore whether
Long or Short order.

We must protect ourselves against unexpected outcome by setting cutloss level by all mean.

Below is the chart that I have analyzed with expert indicators and trendlines.